One-bedroom apartment, compact 383 sq ft footprint
Open-plan living/kitchen optimises limited space
Built 2003–2006 with double glazing already fitted
Electric storage heating — limited heating efficiency
Leasehold with approximately 180 years remaining
Sold via online auction — standard auction terms apply
Located in student-dominated, cosmopolitan city-centre area
Area records very high crime and higher deprivation levels
This compact one-bedroom apartment in Waterloo Square offers a straightforward city-centre investment or pied-à-terre. At 383 sq ft, the open-plan living and kitchen make efficient use of space, and double glazing and modern fixtures reduce immediate refurbishment needs. The flat was built in the early 2000s and benefits from fast broadband and excellent mobile signal — useful for renters and short-term lets.
Located in a cosmopolitan, student-dominated neighbourhood, the property is best suited to investors targeting the rental or student market. Public transport, shops, nightlife and other city amenities are all within easy walking distance, which supports consistent demand for central rentals.
Important considerations: the area records very high crime levels and overall local deprivation, which will affect tenant profiles and long-term capital growth. Heating is by electric storage heaters and the property is leasehold with about 180 years remaining. The sale will be conducted by online auction; buyers should allow for auction purchase conditions and investigate service charges and ground rent before bidding.
In short, this is a low-entry, city-centre unit priced for investors or buyers seeking a compact central base. It offers immediate rental potential but carries neighbourhood and management factors that require careful due diligence.
